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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Chapter 1 Questions

Chapter 1 Questions

Q Chapter 1 Questions Answer the following items and upload your responses to the appropriate drop box by the due date. 1. Provide basic definitions for the following terms: 2. How can HRM support corporate strategy?3. Why is it important for HR professionals to have strong “business acumen”?4. Why is it important for all supervisors to have a basic understanding of HR policies and practice?5. Some organizations use a comparative method for performance evaluation and compensation. In other words, employees are rated and paid based on their performance relative to their coworkers. Employees that outperform their coworkers are rated higher and paid more. From an ethical perspective, what are the potential problems using this practice or do you feel that this method is effective? Be sure to think about the ethical standards discussed in chapter 1.compensation. In other words, employees are rated and paid based on their performance relative to their coworkers. Employees that outperform their coworkers are rated higher and paid more. From an ethical perspective, what are the potential problems using this practice or do you feel that this method is effective?

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a. Human Resource Management (HRM) – The management of tangible human resources so that their performance, attitudes and behavioural aspects can be influenced by diversified systems, practices, as well as policies (Noe et al., 2009). b. Human Capital – (Noe et al., 2009) c. Recruitment – This is the way in which applicants are sought by organizations for becoming permanent employees of the organizations (Noe et al., 2009).